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Chamber to Push for Gas Tax Hike for Road and Bridge Upgrades

Chamber to Push for Gas Tax Hike for Road and Bridge Upgrades

Bloomberg.com
By Mark Niquette
January 16, 2018, 11:40 AM CST

The U.S. Chamber of Commerce will call for increasing the federal gas tax by 25 cents a gallon over the next five years to help pay for rebuilding U.S. roads and bridges as part of its push for a federal infrastructure initiative this year.

The proposed increase of 5 cents per year during the next five years, including indexing the levy to inflation, would generate more than $375 billion during the next decade, according to the chamber.

The idea is one of the recommendations the business lobby plans to unveil at an infrastructure event in Washington on Thursday, said Stacy Day, a spokeswoman for the chamber.

The details of the proposed gas tax increase were reported earlier by the Washington Post... FULL ARTICLE

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